not trade weapons or anything else for hostages. >> the iran-contra scandal nearlycrippledronaldreagan's second term. marital infidelity and impeachment almost ended bill clinton's presidency. >> i earned capital in the campaign, political capital and now i intend to spend it. >> hubris slowed down george w. bush's second term followed by the war in iraq and 2008 financial crisis. with history as a guide president obama is looking to learn from his own mistakes. >> i hope and intend to be an even better president in the second term than i was in the first. >> john meacham is a pulitzer prize winning historian. he wrote about the prospects of president obama's second term. he's author of a new book "thomas jefferson, the art of power." good morning. first of all, why do presidents stumble so badly in second terms? >> absolutely, it's because, i think the president's clock now moves towards history. everybody else in washington's clock is moving towards the next election. and so his interests and their interests begin to divide as every day passes which is why it

that welcomes and that celebrates legalimmigrants.ronaldreaganfamouslycalled legal immigrants americans by choice. and we need to celebrate that story of those who risk everything seeking freedom because that's what makes our country strong. >> don't we have to make policy changes, too? it isn't just for politics. i believe immigrants come here to work, not just for welfare. i happen to believe they smart small business. i think you mentioned that. they're good entrepreneurial people that help grow our economy. but we need to give them worker permits, bring them out of the shadows, give them a path to citizenship. leaders like yourself, an an american-cuban-hispanic. you've got to get out there and make this case, you and marco rube yoe a rubio, go back and make the case to the hispanic community. >> larry, i think we should remain and welcome and embrace legal immigrants. at the same time, we've got to continue to respect rule of law and not adopt policies that are unfair for the millions of people who have been waiting years and sometimes decades to come into this country legally. rul

ifronaldreagansent troops to the middle east and hundreds were killed and reagan just cut and ran? >> caller: oh, absolutely. >> john: chris thank you for the call. benghazi is not going to go away, and that's why i'm so thankful for media outlets for -- well like what you have right here peter. >> we do what we can. >> john: we're taking your calls at 866-55-press, we'll be right back, talking about the the -- horror that is the american music awards and much more. >> announcer: this is the "bill press show." >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! ♪ >> announcer: chatting with you live at current.com/billpress. this is the "bill press show." >> john: this is the "bill press show." i am not bill press, i'm john fugelsang. happy to be filling in with peter and dan and the whole crew. what are the comments. >> we're tweeting @bpshow

-- no more responsible for what happened in benghazi than george bush was for september 11thorronaldreaganwiththe blowing up of the u.s. marines in beirut. >> now david petraeus will testify about the benghazi attack tomorrow, exactly a week after he resigned cite an extramarital affair. and there is word secretary of state hillary clinton will testify on benghazi next month. here is the latest from the pentagon on the petraeus scandal. first let's get to katherine who is live in washington. katherine, the scope of all of this is pretty unusual. >> well those two classified hearings bring together the government's top intelligence and law enforcement officials. what was clear was the president's comments on ambassador susan rice is really getting some traction. one republican alleging that, quote, the president misinformed and lied to the american people over the benghazi affair. what was also clear is that the president wants to promote ambassador susan rice. even though she said benghazi was a spontaneous attack when it seemed clear it was terrorism. >> president obama has the gal to f

should perhaps stop using the word "mandates." it wasn't terribly long agothatronaldreaganwon49 states. that's a mandate. it's unthinkable that any candidate can win anywhere close to that. obama won a pretty impressive victory even without a serious third party candidate, he did not get 51% of the popular vote. he won 26 states to romney's 24 states. we'll see time after time very, very close elections. we need to rethink the negotiations of mandates and say this person won the presidency. they need to go forward with that agenda. >> what about the republicans? are they going to do a big rethink here? >> yes, and more than one. it was interesting that the republican governors happened to be meeting this week in las vegas when this news about the interesting comments that romney made to his donors that we just saw and the republican governors, bobby jindal of louisiana did not miss five seconds before they really denounced what romney was saying. the republicans have a lot of things to think about, not of which is their growing problem with hispanic voters. that is the big growi

was no more responsible for what happened in benghazi than george bush was for september 11 orthatronaldreaganwas with the blowing up of the u.s. marine in beirut. >> shep: this just one of several hearings that were underway today. each focused on what went wrong in benghazi. katherine herrage live. it's my understanding that within the hour, we've learned some members of congress viewed a video of that attack happening in benghazi. >> the intelligence community put together a half hour video, composite from multiple video sources that shows the minutes before the attack, the militants overrunning the consulate, and the second wave of mortars that struck the c.i.a. annex. >> i mean, it's just so obvious to be so obvious to any inexperienced individual that this was purely a terrorist attack. >> fox news has told the c.i.a. is launching a preliminary investigation into the former director's conduct. the issue is whether any c.i.a. resources were used to facilitate the alleged affair between petraeus and his biographer, paula broadwell. the f.b.i. is already concluded that the former di

was it, 1982 or 1983, back in the 1980's, tip o'neillandronaldreagangottogether and made adjustments to social security that saved the program. that's my point. sometimes you need to adjust and change to save the very thing you care most about. and so tip o'neill didn't sell out the democratic party by embracing that agreement. the democrats in congress, many of them very progressive at that time who supported it, didn't work traders to the party. if we do it in a responsible way, a balanced and doesn't just gut the programs and just not all entitlement reform with no revenue, i think the base of the party and leaders and organized labor will understand. they also know the alternative is doing nothing, with bad damage to jobs and the economy. and ultimately insolvency of these programs themselves, or. b, the right wing of the republicans are coming in and taking over because we have done nothing to solve the problem and their answer to the solution would be much more draconian. host: jack. he's our first phone call for the senator. republican. go ahead. caller: mr. bayh, one question

orthatronaldreaganwaswith the blowing up of the u.s. marines in beirut. >> this administration continues to put out things that are just not quite true. >> smear, character assassination, judgment before all the facts are in. >> we're getting that video in. house and senate committees will both hearings tomorrow as we reported a few minutes ago. former cia director david petraeus is expected to testify. you see some of the tone and tenor of what will perhaps happen behind closed doors tomorrow. i'm tamron hall. you can watch "news nation" every day 2:00 p.m. eastern time. "the cycle" is up next. into their work, their name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. and do our part for the businesses that do so much for us. on november 24th, let's get out and shop small. challenge the need for such heavy measures with olay. regenerist micro-sculpting serum for firmer skin in 5 days. pretty heavy lifting for such a lightweight. [ female announcer ] olay regenerist. i ju

reasons, yes, because they expanded the earned income tax creditasronaldreagandidbecause they thought it was an effective anti-poverty program. >> congressman becerra, let me go to you on this. >> it's deja vu all over again. >> what are republicans doing to attract those certain members of the base? >> i don't think they read the tea leaves from november the 6th and i think they're still harkening to yesteryear. it's a new day in america and they should be catching up. he is the de facto leader of the party, mitt romney is still there, and so his comments remind folks of the 47% comment and it's unfortunate for them because they have to figure out a way to distance themselves from a guy who doesn't get it. >> i have to say he is not the de facto leader of the republican party. i think what this did was hasten romney's departure completely from the scene. romney has -- i mean i talked to republicans now. they talk about how you'll never see him speak at a convention again. people aren't going to be going to his door begging for his endorsement. that's a great question. >> de facto lea

. >> reporter: he resigned in the wake ofwatergate.ronaldreagan's secondterm -- >> a few months ago, i told the american people i did not trade arms for hostages. my heart and my best intentions still tell me that's true, but the facts and evidence tell me it is not. >> reporter: the iran contra affair. bill clinton -- >> i did not have sexual relations with that woman. >> reporter: impeached after the lewinsky mess. and george w. bush, well, there was the valerie plame spygate scandal, not to mentioning the handling of hurricane katrina. that's trouble for roughly 100% of re-elected presidents since 1972. yes, it's enough to give you second thoughts about that second term. so is there anything the obama team can do to prevent this? now, as bill clinton might say. >> it depends upon what the meaning of the word "is" is. >> reporter: the fact is, if there is going to be a second-term scandal, its seeds were probably sewn in the first term. the watergate break-in, nixon's first term. the actual iran contra deal, reagan's first term. bill clinton's liaison with lewinsky, first term. the actual

-carrying member of theaarp.ronaldreaganwas69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course, this argument isn't limited to the world of politics. ageism rages in the role world, too. how often have you heard those under 30 grumbling about those old guys sucking up all the jobs? so the talk back question of the day, should politicians have a mandatory retirement age? facebook.com/carolcnn. your responses later this hour. still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silv

. there is that incentive as well. you have to lookatronaldreaganaswell as henry kissinger, when they went into negotiations, said you have to come willing to truly cut a deal. you may get 90%. >> takes both sides. obama is very good in liberal rhetoric blaming republicans. even in "l.a. times", obama wants to help the middle class but republicans don't want to give everything to the rich which is not true. and a lot of liberals are saying this was a mandate to raise taxes? i think people can be pro-choice, pro-day marriage and have fiscal responsibility and live within their means. jon: well, i mean to be honest, angela, the president campaigned on a platform saying i'm going to go back to the bill clinton tax rates and the wealthiest are going to have to pay more money and he won. >> but bill clinton worked with a republican congress and our economy was not in dire straits that it is right now. so if he really wants to go back to the bill clinton days he should go to the table and work with republicans. >> also you have to look taxes were historical high. one of the things they're talkin

a republican anywhere. but the real hero of the republican party, the modern republicanparty,ronaldreagan, asgovernor raised taxes and as president he raised them because he knew 23 you are running the country it's irresponsible to run you have deficits. so you either cut spending, raise taxes or do both and republicans need to grow up. >> we will talk about benghazi in a moment with our political insiders coming up. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, ham wednesday ok. [ voice of dennis ] silence. are you in good hands? [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >> time for a quick check of the headlines. new concerns over negotiat

is the payback from party leaders? guest: there is change and then there is change. tip o'neillandronaldreagangottogether and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them.

george bush was for september 11 orthatronaldreaganwaswith the blowing up of the u.s. marine in beirut. >> brian: was there conflict -- put it this way, let's compare what george bush did, the administration knew and what we found out on 9-11 compared to what we fine out in 9-11, 2012. within 24 hours we knew who did it. within a week or so we found out we were mobilizing against it. no one was in conflict about who did the crime. no one said this was an internal attack, the towers fell down by themselves or an outrageous protest about our middle east policy. there was a movement together to get answers together where you had a movement that was totally fractured and a president who wouldn't answer any questions before the campaign. >> eric: let's take a couple months back, this was september 10, september 9, 8. remember we were talking president obama campaigning, instead of staying in the oval office getting intel briefings. remember, he houston, texas been to an intel briefing in months. everyone said don't worry action he'll get it on air force one or wherever he is. no.

, former economic advisor topresidentronaldreaganwithme today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will both come in with their sides, their positions. there will be some sort of testing of the waters. we will see how responses are afterwards. we'll see aggressive play. then you will see which side starts giving in. we'll be following that in the next couple weeks. but obama has made it very clear, he believes he has a mandate but he really doesn't. he only got barely over 50% of the vote. reagan got 59% of the vote in his second term. the nixon won everything except massachusetts. so this is by no means a mandate. republicans still control the house. bill: let me be a little more specific on my question. are these negotia

become synonymous with scandal. richard nixon's secondterm.ronaldreagan's secondterm. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the first term. the watergate break in, nixon's first term -- >> if the obama team was going to mess up, history suggests they already did. maybe it's something that has made headlines already, but maybe not, the lewinsky scandal didn't surface in 1998, maybe the obama administration will make it's own history and avoid a second term scandal. if not, disney world will seem very appealing. >> in the pres

s, of considersunderronaldreaganandgeorge w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut their tax rate, don't raise them, because history proves it. >> dave: certainly did in the reagan years and another peace in the wall street journal a couple back, clinton rates, raised top tier 39.6 and as the authors of that piece said produced the one period of shared prosperity not because they raised taxes, but certainly lead to growth, right? >> no question. the 1990's was a prosperous era, but i think that sometimes people get a little of that history wrong what happened in the 1990's, president clinton raised taxes in the first year in office and remember, the first two years in office were a catastrophe and in fa

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